Manhattan · New York, NY
6 active listings · Median $2.4M
Calculating market narrative...
A condo-dominant submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings sitting longer than a year ago.
Median asking rent in Little Italy sits at $6,000/month, matching the 5-year high. Rents are up +50.0% year over year and +100.3% over the past 5 years. Median sale price stands at $2.35M, 77.6% below the 5-year high recorded in Jul 2019. Sale prices are down -5.1% year over year. Sale listings are clearing 19 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Sep 2026.
Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, a...
In my 25+ years selling real estate across New York City, I use this Little Italy data in real negotiations, not just for a web page.
| Borough | Manhattan |
| Zip Code | 10013 |
| Subway | 1, 6, A, B, C, D, E, J, N, Q, R, W, Z trains |
| Building Types | Pre-war buildings, Walk-ups |
Stations: Grand St (0.19 mi), Bowery (0.20 mi), Canal St (0.20 mi), Spring St (0.23 mi), Prince St (0.36 mi)
Midtown: 13 min (B express from Grand St)
| School | Grades | Dist |
|---|---|---|
| P.S. 020 Anna Silver | PK-5 | 0.56 mi |
| The STAR Academy - P.S.63 | PK-5 | 0.65 mi |
| P.S. 150 Tribeca Learning Center | PK-5 | 0.68 mi |
| P.S. 234 Independence School | PK-5 | 0.76 mi |
| P.S. 015 Roberto Clemente | PK-5 | 0.77 mi |
| I.S. 312 NYC Lab Middle School | 6-8 | 0.63 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Most housing in the zip that covers Little Italy (10013) is old: the city's PLUTO tax-lot data dates about 500 residential lots to before 1900 and about 500 more to 1900 through 1929. Tenement buyers weigh the 6 at Spring Street, the N, R and W at Canal and the J and Z at Bowery. Walk-up sellers need the rent roll, leases, certificate of occupancy and open HPD or DOB items.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 11 |
| Pending Sales | 0 |
| New This Week | 1 |
| New This Month | 1 |
| Avg DOM | 56 days |
| Price Cut Rate | 27.3% |
| Recent Sales | |
| Sold Last 30 Days | 1 |
| Sold Last 90 Days | 3 |
| Sale-to-List | 94.0% |
| Asking Prices | |
| Median Asking | $2,350,000 |
| Average Asking | $6,655,833 |
| Median $/SqFt | $2,225 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Little Italy
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $1.95M - $1.95M |
| 1 Bedroom | 1 | too few | $1.29M - $1.29M |
| 2 Bedrooms | 2 | too few | $2.00M - $3.70M |
| 3+ Bedrooms | 2 | too few | $6.00M - $25.00M |
View active listings by size:
Properties in Little Italy
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Little Italy buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Little Italy take a median 56 days to go into contract. Source: StreetEasy market data.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
The median sale price in Little Italy is $2.4M. Sale prices are down 5.1% year over year.
No. The median sale price in Little Italy is currently 77.6% below the 5-year high recorded in July 2019. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Little Italy have a median of 56 days on market. That is 19 days slower than the same point a year ago. Roughly 27.3% of active listings have recorded a price cut, suggesting some negotiating room.
Little Italy is broadly balanced right now, with median days on market at 56 days and 27.3% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Roughly 1 homes change hands each month in Little Italy across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Little Italy is $6,000/month. Rents are up 50.0% year over year.
Yes. The median asking rent in Little Italy is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Little Italy has risen 100.3% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Little Italy, median sale prices range across SoHo at $4.0M, Tribeca at $3.0M, Nolita at $2.0M, Chinatown at $805K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Little Italy is served by the 1, 6, A, B, C, D, E, J, N, Q, R, W, Z trains. The commute to Midtown Manhattan runs roughly 13 minutes from Grand St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Little Italy, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Little Italy, I will guide you every step of the way.
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